As I sit here watching
Yet MORE snow fall...
My children home from school for the
7th + day 8th + in a row!
They just canceled school for Tuesday!
That's it, I want to move someplace where either, they do not ever get snow, or where they know how to plow it and clear the Roads!!!
We never had this problem when I lived in upstate NY or New England.
Watching The Olympics on TV...
I am looking for a break out from this routine.
And a break out stock pattern to help boost my returns...
So lets take a look at how my February watch lists have done so far.
Starting Line Up
UNP - Appears to be gaining strength since the beginning of the month and looking like a better buy.
CEPH - This is an intriguing stock pattern that is looking more and more like a cup and handle pattern. Could be a good break out candidate.
ODSY - has recovered nicely off of its recent pull back and reports later this week.
HQS - Looking like it has settled above low resistance and is trying to reverse trend back upwards. This last 2nd low point is higher than previous low point.
ROST - Another stock looking to post sequentially higher lows.
CHE - has recovered nicely since it recent pull back from earlier highs. Reports Tuesday . A good report could be all this needs to break out upwards through top end.
FDO - My current holding - waiting for it to break out up past resistance . It has started this break out pattern buy I am wondering how strong of a pattern it will be.
SSYS - Recovering nicely off of pull back and is looking like another stock with a good upwards cup pattern
POWL - is sliding back down towards previous low point. May be setting up a good double bottom reverse or W pattern.
SHE - Has had a whopping turn around and break out back up. This is still a good but volatile stock. I am wishing now that I had the courage to bet that it would not loose its 50 day moving average support level. Which it has not broken once in the past six months.